Private Equity
Sunday, a direct-to-consumer lawn care company, has secured $6 million in Series A funding. Tusk Venture Partners led the round.
3 min read · 08 August 2019
Bridges Fund Management has made an investment in Jump City, an owner and operator of five Sky Zone franchises located in Massachusetts and Rhode Island. No financial terms were disclosed. BellMark Partners served as financial adviser to Jump City on the transaction.
3 min read · 06 August 2019
Gourmet Culinary Holdings, a portfolio company of AUA Private Equity Partners LLC, has acquired Gourmet Foods Inc. Financial terms weren’t announced. Gourmet Culinary makes and distributes specialty prepared foods including soups, sauces, hors d’ oeuvres, appetizers, side items, and breakfast dishes serving the airline, hospitality, restaurant, catering, retail and corporate campuses industries.
3 min read · 05 August 2019
2 min read · 05 August 2019
Wind Point Partners said Aug. 5 that it sold Evans Food Group to Highlander Partners. Financial terms weren’t announced. Evans, of Chicago, produces and sells a portfolio of finished pork rinds and pork rind pellets to customers in the U.S., Canada and more than ten countries across Latin America.
4 min read · 05 August 2019
Audax Private Equity has invested in Stonewall Kitchen. Financial terms weren’t announced. Centre Partners invested in Stonewall in 2014. Stonewall, of York, Maine, is a specialty food producer.
4 min read · 01 August 2019
AllTrails, a portfolio company of Spectrum Equity has acquired GPSies. Financial terms weren’t announced. GPSies, of Germany, is an outdoor recreation platform.
2 min read · 30 July 2019
Progressio has acquired Damiano, an Italian provider of organic dried fruits. No financial terms were disclosed.
3 min read · 26 July 2019
Alcedo SGR has acquired a majority stake in Eurochef, an Italian provider of branded and unbranded ready meals. No financial terms were disclosed.
5 min read · 26 July 2019
Jollibee Foods Corp is buying Coffee Bean & Tea Leaf for $100 million, according to press reports. Sellers include Advent International and other investors such as Sassoon family, Reuters said. Jollibee is the largest food service network in the Philippines. Coffee Bean, of Los Angeles, has 1,189 outlets spread across the United States, Southeast Asia and the Middle East, Reuters said. UPDATE: Total consideration for the deal is $350 million, according to an SEC filing.
1 min read · 25 July 2019